8 Lafayette Place, Markham

$2,788,000
8 Lafayette Place

$2,788,000

New
43d
Detached2-Storey

8 Lafayette Place, Markham

Total Monthly Obligation $12,681

Beds
5
Baths
5
Park
8
Sqft
2500-3000
DOM
43d
Score
13
Yield
2.0%
Cash on Cash
-14.5%
Cap Rate
1.5%
5Y IRR
4.3%
10Y IRR
6.0%
Property Type-Detached
MLS® Number-N13765348
Beds-5
Bathrooms-5
Size-2500-3000 sqft
Lot Size-104.48 × 192.61 ft
Listed on site-Sep 10, 2026
Style-2-Storey
Building Type-Detached
Taxes-$12,724 (2025)
Parking-10 - Attached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-PAUL ZAMMIT REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Bayview Glen
Title-Residential Freehold

No agent assigned

Located in the prestigious Bayview Glen community, this exceptional property sits on a rare half-acre pie-shaped lot on a quiet court, surrounded by multi-million dollar custom homes.This spacious residence features: 5 generous bedrooms, Two primary suites, each with its own 4-piece ensuite, Main floor den - ideal for a home office, Functional layout with incredible renovation or rebuild potential, Separate Entrance to Basement, Enjoy the privacy and exclusivity of this sought-after neighbourhood, known for its large lots and luxury redevelopment opportunities .Whether you're looking to renovate, invest, or build your dream estate, this is a rare chance to secure a premium lot in one of the GTA's most desirable enclaves. Don't miss this incredible opportunity to live in Bayview Glen!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$2,230,400
Land Transfer Taxes$56,175
Legal Fees (Est.)
$
Total cash required for closing$615,275

Total Monthly Obligation

$12,681/mo
Mortgage $11,246
Monthly Loss $9,722
Principal$2,959
Interest$8,287
Property Tax$1,060
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.2%8
Cash-on-Cash
-16.8%0
5-Year IRR
2.4%5
10-Year IRR
4.7%
Returns Index
3.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$57,036/yr
NOI
$34,108/yr
Net Cash Flow
-$8,404/mo
Cash Margin
-176.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.252
LTV Ratio
80.0%18
Vacancy Buffer
0.8 mo14
Risk Index
11.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 8 Lafayette Place

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.